Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets

v2.4.0.8
Condensed Consolidated Balance Sheets (USD $)
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 18,790,233 $ 63,347,645
Restricted cash 25,817,232 26,358,908
Accounts receivable, net 79,043,751 84,124,627
Accounts receivable retainage 24,895,807 23,197,784
Costs and estimated earnings in excess of billings 64,020,703 62,096,284
Inventory, net 9,408,046 9,502,289
Prepaid expenses and other current assets 10,108,304 9,600,619
Income tax receivable 5,951,233 5,385,242
Deferred income taxes 4,503,551 5,190,718
Project development costs 11,877,141 9,038,725
Total current assets 254,416,001 297,842,841
Federal ESPC receivable 27,616,681 91,854,808
Property and equipment, net 9,362,245 9,387,218
Project assets, net 227,100,403 207,274,982
Deferred financing fees, net 5,554,225 5,746,177
Goodwill 55,615,137 48,968,390
Intangible assets, net 10,236,744 9,742,878
Other assets 7,255,009 4,654,709
Total Non Current Assets 342,740,444 377,629,162
Total Assets 597,156,445 675,472,003
Current liabilities:    
Current portion of long-term debt 15,653,453 12,452,678
Accounts payable 77,333,742 101,007,455
Accrued expenses and other current liabilities 11,847,160 13,157,024
Billings in excess of cost and estimated earnings 14,532,741 22,271,655
Total current liabilities 119,367,096 148,888,812
Long-term debt, less current portion 150,492,409 201,922,172
Deferred income taxes 22,677,085 24,888,229
Deferred grant income 7,736,754 7,590,730
Other liabilities 27,737,611 30,362,869
Total Liabilities 208,643,859 264,764,000
Commitments and contingencies (Note 7)      
Stockholders’ equity:    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, no shares issued and outstanding at September 30, 2013 and December 31, 2012 0 0
Additional paid-in capital 97,360,315 93,141,432
Retained earnings 178,010,011 177,169,717
Accumulated other comprehensive income 2,949,677 713,194
Non-controlling interest 3,005 (27,583)
Less - treasury stock, at cost, 4,833,284 shares (9,182,571) (9,182,571)
Total stockholders’ equity 269,145,490 261,819,191
Liabilities and Stockholders' Equity 597,156,445 675,472,003
Class A Common Stock
    
Stockholders’ equity:    
Common stock, $0.0001 par value 3,253 3,202
Class B Common Stock
    
Stockholders’ equity:    
Common stock, $0.0001 par value $ 1,800 $ 1,800